GoodScore, a Bengaluru-based AI-powered fintech platform, has raised $13 million in its Series A funding round led by Peak XV Partners. The round also saw participation from existing investors Stellaris Venture Partners and Saison Capital.
The fresh funds raised will be used to deepen its AI-led advisory offerings, expand its tech, product and operations teams, and further enhance its credit marketplace, connecting borrowers and lenders across India.
Founded in 2023 by Sanchit Bansal, GoodScore offers an integrated, AI-powered credit management platform that brings together credit bureau data, transactional insights, and behavioural patterns to deliver real-time credit monitoring, personalised score improvement guidance, and repayment tracking, all in one place.
From personalised credit advisory and real-time credit score monitoring to flexible repayments and spend tracking, GoodScore enables users to manage their credit health through personalised, AI-driven insights and expert guidance, helping them improve their credit scores and manage their borrowings.
The platform also features AI-led educational content, spend tracking, and access to human experts, helping users make smarter financial decisions, improve their credit scores and maintain healthy credit habits.
Since its launch, GoodScore has rapidly scaled to millions of active users pan-India, with strong adoption across Tier 2 and Tier 3 cities.
The company partners with leading financial institutions, including HDFC Bank, KreditBee, and Tata Capital, building a premier credit ecosystem.
Sanchit Bansal, Founder, GoodScore, said, “We started GoodScore with the belief that managing credit shouldn’t be as stressful or confusing as it is today. We wish to change how Indians interact with credit by bringing every user’s credit life into one view, helping them understand their loans, track payments and make informed, data-driven financial decisions. Our goal is to make responsible credit management a mainstream habit for millions of Indians.”
Ishaan Mittal, Managing Director, Peak XV, “India has an active borrower base of over 250 million consumers. GoodScore is on a mission to empower them by putting them in charge of their credit health. They can track scores, take actionable steps to resolve bureau disputes and manage repayments seamlessly. GoodScore is not just helping users improve scores; it is unlocking credit access and fueling true financial inclusion in India. We are proud to be a part of this mission with Sanchit and team.”
Mayank Jain, Principal, Stellaris Venture Partners, said, “Having known Sanchit for over a decade, I have seen firsthand his deep customer-backwards orientation and product-first mindset. That conviction made it natural for us to back him from day zero, and it is reflected in GoodScore’s formidable customer NPS and trust among users. The company’s strong traction today reflects the rising importance of credit health in India, with COVID serving as a key catalyst in this shift. As a partner since 2023, Stellaris has been privileged to support GoodScore’s journey, and we look forward to the continued impact they will create.”
